posted on Dec, 11 2009 @ 04:32 PM
Okay, while we are playing 'made up math':
Insurance premiums for 1 year @ $300 per month = $3,600
Stay relatively healthy for 7 years = 7 x $3,600 = $25,200
Hospitalized for a couple of days @ $3,000 per day = $6,000
Deductible of $3,000 per year = $6,000 - $3,000 = $3,000 paid by insurance.
Your insurance premiums + deductible = $25,200 + $3,000 = $28,200
Insurance company out by $3,000 = $25,200 - $3,000 = $22,200 PROFIT. YAY!
Although I didn't factor in that the premiums ALWAYS go up every year, and how that "$3,000" they paid was renegotiated to $1,900 for them, but not
Following claim, your premiums are now $500 a month (because you are now a liability). That's $6,000 a year.
Stay healthy for two years = $12,000
Your old sickness comes back.
Hospitalized for a couple of days @ $3,500 a day (that went up too as the insurance premiums on their liability insurance is crippling) = $7,000
Deductible of $5,000 a year (remember you're a liability now).
Insurance company calls it a 'pre-existing condition' and won't pay anything.
You need to find the extra $2,000 from somewhere - perhaps your savings.
You've spent $19,000 in two years, and you have not taken a penny back from the insurance company....
If you do the math, you would have been better off not having insurance and paying in cash for services. Nine years of relatively good health (save
four days) at the cost of over $47K. You've spent the equivalent of a years wages on four days of treatment (actually about an hour total of actually
being seen by healthcare professionals).
Multiply those kinds of numbers by every working person in the country and you have a big cash cow for the insurance companies. The politicians turn a
blind eye because they insurance companies spent $324Million on campaign contributions in the last twenty years.
Nobody really believes that there's any such thing as "free" healthcare. They know the money has to come from somewhere. Still, better an AIG
executive gets a bonus than we help a malnourished child in Alabama (and, despite what the MSM tells you, there are a lot of those).
Be thankful that you have your health, and your relative wealth. If you get sick, with anything long term, you will quickly find yourself extremely
poor as well as sick. Let's hope you don't lose your job, your house, and your savings, and your pension to keep you alive...
Remember that big pharma needs their pound of flesh too. You could, theoretically, have a generic drug that costs mere pennies, but big pharma are not
letting the license go and the pills are $500 a month. Every month. You could possibly have had a different drug altogether, but the pharmaceutical
company has spent a lot of money rewarding the doctors who prescribe this drug against the others.
The insurance companies will not reward your long term loyalty. Just don't die. They cannot collect premiums when you die.
Socialised medicine is not a harbinger of Communism. It's the people doing something for the people. A nation without its people is nothing. Turning
their health into big business is a crime.